Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 4,700 people, 1,737 houses or apartments, and a median cost of homes of $141,623, the cost of homes in Crystal Springs is among some of the lowest in the nation. Compared to Mississippi, however, Crystal Springs real state is not on the lower end of the price spectrum.
Single-family detached homes are the single most common housing type in Crystal Springs, accounting for 72.34% of the city's housing units. Other types of housing that are prevalent in Crystal Springs include mobile homes or trailers ( 18.75%), duplexes, homes converted to apartments or other small apartment buildings ( 7.68%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Crystal Springs. Owner-occupied housing accounts for 69.02% of Crystal Springs's homes, and 66.14% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Crystal Springs built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Crystal Springs built between 1940-1969 ( 28.69%). A lesser amount of the housing stock also hails from between 2000 and later ( 20.03%). There's also some housing in Crystal Springs built before 1939 ( 5.99%).
Vacant housing appears to be an issue in Crystal Springs. Fully 11.01% of the housing stock is classified as vacant. Left unchecked, vacant Crystal Springs homes and apartments can be a drag on the real estate market, holding Crystal Springs real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
Some of the lowest real estate appreciation rates in America over the last ten years have been in Crystal Springs, where house values have increased just 40.07%, which is annualized rate of 3.43%. This rate is lower than the appreciation rate found in 90% of the cities and towns in America.
Over the last year, Crystal Springs appreciation rates have trailed the rest of the nation. In the last twelve months, Crystal Springs's appreciation rate has been 1.72%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Crystal Springs were at 1.33%, which equates to an annual appreciation rate of 5.45%.
Relative to Mississippi, our data show that Crystal Springs's latest annual appreciation rate is lower than 80% of the other cities and towns in Mississippi.
$141,623
for Mississippi
for nation
1,737
$978 / per month